Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

RMP ENERGY INC T.RMP

"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."


TSX:RMP - Post by User

Post by ditchdigger251on Oct 27, 2017 1:16pm
257 Views
Post# 26869215

RMP's Been Busy w/ AER Applications

RMP's Been Busy w/ AER ApplicationsThe new team's definitely hitting the ground running hard.  A spacing application dated Oct 11th (9 section block in Twp 68/Rge's 2&3 in the Montney A2A pool) to match Montney well density with adjacent lands was submitted to the AER.  The land in the application is only a couple of sections NE of the prolific Montney JJJ pool (used as an analogy in the application).  It appears that the near term development plan is for similar spacing as done for the JJJ pool if not even a bit tighter.  I've seen Paramount drill two 10 well pads in Kakwa at 200m hz spacing with 50m vertical depth stagger between producing laterals and was told by a production engineer that there wasn't evidence of interference. Eyeballing RMP's  near term development map gives roughly a 250 to 300m lateral spacing.  I count 33 new Hz's in a 10 section area with a Q4 2018 drill by date given in the application.  That's probably the best case dependent on oil and ngl pricing but I really appreciate the vision and energy being shown by the new team.  RMP is serious about pumping value back into their stock.  And it's really nice to see the 70's again!
<< Previous
Bullboard Posts
Next >>